We are seeing opportunities for positive cash flow with creative acquisitions, but if you are looking to purchase conventionally, it would be really tough to make it work with the average prices versus rents that we are seeing in South Florida.

All of this of course happens as I am actively pursuing purchasing additional rental properties.Shawn

Thanks in advanceAre you asking about obtaining financing for the $230k down payment needed to purchase the property by assuming the existing mortgage note?  

After purchasing my first house, I had trouble sleeping due to being a new property owner. 

Realize you may be better off using cost segregation to achieve greater tax benefits immediately for purchases of STVRs.

I am a new BP Pro member and have spent the last couple of months in my area looking for great deals - any of the properties worth purchasing just seem to require an extensive amount of work.

To get a B-Class that cash flows is all about the initial purchase price and the amount of leverage.

Nice, thanks for thatDo you mind me asking what the purchase price of the property was?

Give me a shout and talk to me about your purchase preferences and I can try to guide you. 

Hi everyone,Does anyone have experience with working with and/or purchasing turnkey properties from the Olson Group?